Remove 2007 Remove 2012 Remove Inventory Remove Procurement
article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Belief in efficient procurement.

article thumbnail

When It Comes to Planning, Please Vote with Ike!

Supply Chain Shaman

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IBM Beefing Up for Matrix Commerce in 2012

Supply Chain Network

The acquisition expands IBM’s cloud-based analytics offerings that provide supply chain intelligence leading to better inventory management and cost efficiencies. Emptoris solutions bring more intelligence to procurement and supply chain operations with spend, supplier and contract management for Smarter Commerce.

article thumbnail

My Take: E2open Buys Terra Technology

Supply Chain Shaman

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. The change will be major. It is a new buyer.

article thumbnail

The Best Practice Frontier in the 3D Supply Chain Triangle

Arkieva

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). They increase the service but require a higher inventory. It will lower cost but increase inventory or decrease turns, cfr.

article thumbnail

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

article thumbnail

Top 10 Successful Entrepreneurs in India that are Changing the eCommerce

Vinculum

Founded: October 2007. Hyperpure, a one-stop procurement service run by Zomato, provides restaurant partners with excellent nutrition and kitchenware. Founded: 2012. Founded: 2012. 1) Sachin Bansal & Binny Bansal. Startup: Flipkart. ” – Richa Kar. Annual Turnover: Rs 4,109 crore (FY 2021-22).

India 52